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Post by theMist on Apr 18, 2017 10:46:53 GMT -5
Amazing how VXX got almost 3/4 way thru filling gap to 17.37 - 17.08 and stopped and bounced hard at VXX 17.20
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Post by theMist on Apr 18, 2017 11:11:33 GMT -5
Duh - Just realized today is April Expiry for vix futures
and we should be back slightly into contango tomorrow
Walnut - VXX should be fully weighted into May contract? thoughts?
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Post by walnut on Apr 18, 2017 11:22:03 GMT -5
yes that could be helpful but we will need to see how today sorts out.
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Post by lasvegas77 on Apr 18, 2017 11:39:15 GMT -5
Continuing to see 20+ on vxx as a first upside target.
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Post by Herceg on Apr 18, 2017 12:04:33 GMT -5
Continuing to see 20+ on vxx as a first upside target. Not until earnings are done.
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Post by theMist on Apr 18, 2017 12:12:35 GMT -5
Continuing to see 20+ on vxx as a first upside target. Based off of?
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Post by lasvegas77 on Apr 18, 2017 12:12:41 GMT -5
Volume is up 25% today from yesterday on the main indexes. Much more convincing than yesterday's algo driven rally on light volume.
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Post by lasvegas77 on Apr 18, 2017 12:14:01 GMT -5
Continuing to see 20+ on vxx as a first upside target. Based off of? My psychic prediction abilities Mist.
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Post by theMist on Apr 18, 2017 12:18:46 GMT -5
My psychic prediction abilities Mist. I see you're reading the tea leaves
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Post by theMist on Apr 18, 2017 12:19:57 GMT -5
VXX Hourly putting in lower highs and lower lows looks like VXX still wants to pullback a little more
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Post by lasvegas77 on Apr 18, 2017 12:25:12 GMT -5
the main indexes are down on heavier volume by about 25% over yesterday. More conviction on the selling today than buying on lower volume yesterday. i think yesterday was merely algo driven on low volume.
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Post by theMist on Apr 18, 2017 12:30:02 GMT -5
the main indexes are down on heavier volume by about 25% over yesterday. More conviction on the selling today than buying on lower volume yesterday. i think yesterday was merely algo driven on low volume. But what if the S&P closes green?
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Post by lasvegas77 on Apr 18, 2017 12:31:27 GMT -5
If it turns green, that would certainly change my whole premise for today. But that's an if that has yet to happen. It would have to go way up from here.
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Post by theMist on Apr 18, 2017 12:36:54 GMT -5
After today -- that April contract is out of the way
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Post by theMist on Apr 18, 2017 12:39:52 GMT -5
VXX 4 HR Chart Looks like indicators want to roll bearish
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Post by lasvegas77 on Apr 18, 2017 12:40:13 GMT -5
But the front month for May is already nearly flat.
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Post by theMist on Apr 18, 2017 12:42:42 GMT -5
But the front month for May is already nearly flat. It's still a slight improvement and it beats backwardation -- which was 9% and now is only approx 3.5% Next month showing .2% contango and just need spot vix to keep dropping And I know vix futures can change for the worse as well going forward and do need to be cautious
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Post by novie08 on Apr 18, 2017 12:47:19 GMT -5
I thought selling volume was always heavier than buying. Is that a misconception? Thx.
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Post by lasvegas77 on Apr 18, 2017 12:47:55 GMT -5
There's absolutely no buffer at this point. If the snp has a down day, this will be to the moon.
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Post by lasvegas77 on Apr 18, 2017 12:49:26 GMT -5
I thought selling volume was always heavier than buying. Is that a misconception? Thx. Volume can be heavier or lighter for buying and selling. Enough buying pressure with volume or selling can signal a change in market direction over a period of several weeks.
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